Asian markets slide, dollar weakens after Democratic wins in US midterms
- Asian stocks fell as early gains by Democrats in the US midterm elections raised the prospect of a shift in control of Congress.
- • Japan’s Nikkei dropped 3.6%, while South Korea’s Kospi fell 3.2%, with technology stocks leading the regional sell-off.
- The US dollar weakened against major currencies as investors moved towards safer assets, amid fears of political gridlock and tighter AI regulations.
Source: foxbusiness.com
Get 100 stories a day on the app
Read, watch & listen · Free on iOS & Android
